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Near $3 billion gold scam sparks BTC versus precious-metals debate

The debate of bitcoin versus gold has been an age-old argument which doesn’t seem to want to end.  Many people from the crypto space or outside of it argue for or against bitcoin either being better or worse than the precious-metal. The debate of bitcoin versus gold has been an age-old argument which doesn’t seem to want to end. Many people from the crypto space or outside of it argue for or against bitcoin either being better or worse than the precious-metal. The debate sparked up again at the end of June as reports showed that fake bars fuelled a...

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Consulting24 has launched BuyBitcoin24 domain to compare best crypto exchanges

With all the excitement, Consulting 24 is happy to invite those interested to buy bitcoin for using its newly launched exchange comparison domain www.buybitcoin24.com. Recently, the company has started a new domain for comparing exchanges against various parameters such as trading volume, exchange fees, supported currencies, etc to provide visitors with a detailed and intensive comparison score. Hence, allowing users to choose the right exchange for the highest profitability.  The domain named BuyBitcoin24 since inception has been able to attract high engagement from its users’ base. One can derive conclusions from the results the website is able to produce. And,...

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BTC/USD Longs Eyeing 9582.92: Sally Ho's Technical Analysis 9 July 2020 BTC

Bitcoin (BTC/USD) extended recent gains above the psychologically-important 9000 figure early in today’s Asian session as bulls attempted to get back above the 9379.34 area that the pair peaked around earlier this week.  Buying pressure emerged around the 9201.57 area during yesterday’s Asian session, a level it encountered when traders tested the 9198.46 area that represents the 38.2% retracement of the recent appreciation from 8905.84 to 9379.34.  BTC/USD was capped in the short-term around the 9337.99 area, just below the 9338.59 area that represents the 78.6% retracement of the depreciation from 9375.90 to 9201.57.   Traders are eyeing the 9418.79, 9516.43,...

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Don’t Miss This Bitcoin Trade

Bitcoin is getting ready for that big downtrend now that it is done testing the trend line resistance. The daily chart for BTC/USD shows that it has also tested the 50-day moving average and faced a rejection at it. This points to one conclusion and that is the beginning of the long-anticipated downtrend from this point forward. As discussed before, we are in no hurry and would be waiting for ample confirmation before we go short on the market.  As of now, retail consensus seems to be shifting to the bullish side after the recent rally. There are reports that...

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OKEx CEO suggests a second US stimulus package could have a positive impact on BTC

The chief executive officer of OKEx has indicated that if a second stimulus plan was executed, the price of bitcoin could significantly benefit in value.  In a post, the CEO explained that since the first stimulus bill was signed, the leading cryptocurrency spiked by 60%  The chief executive officer of the OKEx crypto platform, Jay Hao has indicated that if a second United States stimulus plan was executed, the price of bitcoin could significantly benefit in value.  In a post published on LinkedIn, the CEO explained that since the first $2.2 trillion stimulus bill was signed at the end of...

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